bhp likes the canning basin ?, page-27

Subi

In reply (and with respect), I think it matters More on what Eric and co, with their strategic holding, plan to do as opposed to what you or I may pontificate here and now on what might be deemed as the best course to follow.

Long term the share appears to offer staggering income yield and K growth potential against today's SP. However, pragmatic analysis might imply that a healthy offer from a lumbering resource giant may surpass the above long term scenario ie. the offer is too high for Eric to refuse.

I only worry about what I can control.

Hence that is why I keep on banging on about getting to the AGM to pick up on the tone and body language of the Buru Guru, as I consider it will be an experience that will support all the comprehensive reading of company updates/announcements etc. that I have done over the past 18-24 months.

If I reckon Eric is a solid dude, I should by rights be comfortable having my interests aligned with his as seems to be the case at this juncture.